The worth of this type of gold is based on Gold Bar its melt value, which is a calculation established by the weight in grams and the karat. There are many websites that offer calculators for this process. Certain refineries that purchase scrap may even send you a kit to conduct this test before mailing in your gold scraps.
People who have broken or damaged gold pieces will most likely be disposed to sell for a far lesser price than the melt value. In this way, the buyers of scrap make their profit. The amount of profit will partially depend on how knowledgeable the seller is about the value of their items. It is common for everyday people to also get into the scrap market by buying from their friends or family and in turn selling to refineries to acquire their own profits.